SUZ - Toilet paper shortage could be next domino in global container ship crisis
Another potential toilet paper shortage is just what the world does not need, but the biggest producer of wood pulp - the raw material for products including toilet paper - warns that the global shortage of shipping containers could start creating supply snags.Suzano (SUZ) ships most of its pulp in so-called break bulk cargo vessels, and with demand rising for ships that carry ribbed steel containers, CEO Walter Schalka tells Bloomberg that the squeeze is starting to spill over to break bulk and threatens to delay the company's shipments.Schalka says he was already concerned about the risk of exporting less than expected this month and being forced to roll over some shipments into April; with competition increasing for cargo vessels, he says break bulk ships are berthing at Suzano's terminals less often than usual.Brazil is the world's top supplier of pulp, and Suzano accounts for about a third of global supplies
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Toilet paper shortage could be next domino in global container ship crisis